The European Journal of Operational Research has just published a paper, “Measuring the effects of price controls using mixed complementarity models” (2019). It detailed a series of innovative modeling approaches developed by KAPSARC researchers over the last six years. The models were used to study the effects of administered energy prices in Saudi Arabia and assess the potential benefits of price reform. This commentary gives an overview of that research, including its motivation, coverage and findings.

Program Director Axel is the director of KAPSARC’s Energy and Macroeconomics program. From October 2018 to March 2019, he was KAPSARC’s interim… Axel is the director of KAPSARC's Energy and Macroeconomics program. From October 2018 to March 2019, he was KAPSARC's interim vice president of research. Axel joined KAPSARC in 2011, after spending 15 years at IFP Energies Nouvelles in France, where he led research, consulting and training projects. Axel received his Ph.D. in economics from the Pantheon-Sorbonne University in Paris. He undertakes applied research that combines methodological innovation with practical relevance for policymaking. His research is focused on energy economics, policy, finance, oil pricing, and energy-exporting economies. Axel has been published extensively, with over 40 peer-reviewed journal papers to his name.
Expertise
- Energy modelling
- Energy economics
- Energy policy
- Oil pricing and finance
Publications See all Axel Pierru’s publications
Hard-linking a Top-down Economic Model with a Bottom-up Energy System for an Oil-exporting Country with Price Controls
The European Journal of Operational Research has just published a paper, “Measuring the effects of…
7th January 2023Oil Market Stabilization: The Performance of OPEC and Its Allies
The European Journal of Operational Research has just published a paper, “Measuring the effects of…
15th November 2022